Many readers asked for projections on the silver price when we analyzed how high gold might go. So we did the research and have some very interesting data and projections for you on the shiny gray metal.
With silver’s higher volatility, I knew the task would be fun. But researching silver’s price history reminded me of just how volatile it can be…
I looked at all past bull markets for silver and found that more often than not, silver is, well, “spiky.” It tends to have short sudden bursts in price, exploding higher for a brief period, and then just as suddenly cooling off.
That’s not to say silver hasn’t had long bull runs—it has, as you will see—but that many of them have been bigger and shorter than gold’s.
So when you hear the old adage that “silver is more volatile than gold,” it really is true.
Here are silver’s seven biggest price run-ups over the past 40 years, along with how long each lasted.
[As with gold’s bull markets, you may calculate a few of them differently than me, but I think the result is ultimately the same.]